More than two thirds of adults now manage their bank accounts online - a number that's risen by almost 50 per cent since last year, as the shift to digital continues to surge.
However, a simple mistake when logging on could be leaving many people at risk of fraud.
Around the world free wi-fi is now readily available in airports, coffee shops, bars, restaurants, hotel rooms and shopping centres, and depending on your settings, you phone may choose to connect to these networks automatically.
It means you can avoid eating into your mobile data allowance and paying high roaming charges while out of the country.
However, using public wi-fi - networks that don’t require a password - could also pose huge risks to your details.
Even if you need a password to access a network, there's no guarantee that the network is safe.
And without adequate protection, you could be at risk of cyber criminals seeing your internet activity and getting hold of your personal information, explain experts at encryption service Top10VPN.
Not only will you not know who else is connected, but it is possible for other users on the network to see what you’re doing on your device as your data is not encrypted on these networks.
"Public wi-fi is convenient but it’s also open and less secure than your personal, private network," said Simon Migliano, at Top10VPN.
"If possible, avoid online shopping or logging into bank accounts when using an unsecured wi-fi network as you don’t want to risk your personal financial information getting into the wrong hands.
"Cyber criminals know all the tricks in the book. They can easily intercept communications between the public wi-fi user and the wi-fi router and capture and view all your incoming and outgoing data.
"More sophisticated criminals can send files to unsuspecting users infected with malware if their file sharing is enabled or trick them into joining a fake network and then gain access to their personal information.
"If you're trying to access your online banking on the go, turn off automatic connectivity on your phones, laptops and tablets to avoid your devices connecting to networks you wouldn't ordinarily use."
Simple ways to protect your details on public wi-fi